Unlocking Thacker Pass: General Motors to Contribute Combined $625 Million in Cash and Letters of Credit to New Joint Venture with Lithium Americas
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announced the Company and General Motors Holdings LLC ("GM") have entered into a new investment agreement ("Investment Agreement") to establish a joint venture ("JV") for the purpose of funding,
General Motors (GM) will acquire a 38% stake in Thacker Pass for a total of $625m, with $430m in cash to aid Phase 1 ...
Key Takeaways Lithium Americas and General Motors have formed a joint venture to extract lithium from the Thacker Pass site ...
GM is aiming to source more of its raw materials for electric vehicles from the U.S, to manage battery cell costs and ...
Canadian mining company Lithium Americas Corp announced in a press release on Wednesday that GM investing a total of $625 ...
General Motors is set to invest $625m in Lithium Americas’ Thacker Pass project, boosting EV production,reducing reliance on ...
Canada’s Lithium Americas said General Motors will boost investment in the miner’s Thacker Pass project, which produces the ...
Investor's Business Daily on MSN21h
General Motors Bets $625 Million On Lithium Americas Project; LAC Stock JumpsLithium Americas will get a further $625 million from General Motors to move forward with its Thacker Pass, Nev., mine. LAC ...
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs ...
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